Seventymm eyes Rs 100 crore revenues from 3 lakh users : Alootechie

Seventymm eyes Rs 100 crore revenues from 3 lakh users : Alootechie: "Seventymm eyes Rs 100 crore revenues from 3 lakh users

December 17, 2007 | News | Share This

Bangalore-based VCD/DVD rental service company Seventymm.com claims to have 40,000 users of which 50 per cent are from outside India. The company is now targeting three lakh users generating revenue of over Rs 100 crore.

Seventymm currently operates in six cities — Bangalore, Delhi, Chandigarh, Chennai, Mumbai and Hyderabad. The company is now planning to expand its area of operations to 20 cities in two years. “We are also planning to introduce movie downloads in India by the end of Q4 of 2008,” Subhanker Sarker, COO, Seventymm, has been reported by exchange4media as saying."